CIMC Announces Changes to Dividend Schedule and Tax Implications

The latest update is out from China International Marine Containers (Group) Co., Ltd Class H ( (HK:2039) ).

China International Marine Containers (Group) Co., Ltd. has announced a change in the ex-dividend date and book closure period for its final ordinary dividend for the financial year ending December 31, 2024. The dividend, amounting to RMB 0.176 per share, will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.0852. The ex-dividend date is now set for May 30, 2025, with the book closure period from June 3 to June 6, 2025, and payment scheduled for July 11, 2025. This announcement impacts shareholders, particularly regarding the withholding tax rates applied to non-resident and resident shareholders, which vary based on their country of residence and existing tax agreements with China.

More about China International Marine Containers (Group) Co., Ltd Class H

China International Marine Containers (Group) Co., Ltd. operates in the manufacturing industry, primarily focusing on producing and supplying containers and related transportation equipment. The company is a significant player in the global market, catering to various logistics and shipping needs.

Average Trading Volume: 4,736,581

Technical Sentiment Signal: Hold

Current Market Cap: HK$37.46B

Learn more about 2039 stock on TipRanks’ Stock Analysis page.